BUSINESS ANALYSIS DECADAL
: Basic Earth Science Systems, Inc. is engaged in the acquisition, exploitation, development, operation and production of crude oil and natural gas. For the 9 months ended 12/31/99, total revenues increased 30% to $1.5M. Net income totalled $177K vs. a loss of $139K. Revenues reflectincreased oil and gas prices. Net income also reflects decreased depreciation, depletion and amortization expenses due to a lower depletion rate.